Palantir Stock Soars 60% in Q3 After First-Half Rout: Can Earnings Keep the Rally Going?
Palantir Technologies Inc (NASDAQ: PLTR ) stock rose 60.32% in the July-to-September quarter to $187.05, but is still about 10% below its 52-week high of $207.52. The company will report third-quarter financial results on Nov. 2. Last quarter, its U.S. commercial and U.S. government segments were about $45 million apart in revenue, and the new report will show where they stand. Palantir has operated primarily as a defense and intelligence software vendor throughout its corporate history. Reaching a higher revenue figure in the commercial sector would signal a broader transition into a commercial software enterprise. Palantir Stock Recovers Palantir stock fell 30.49% in the first half of 2026, from $167.86 on Jan. 2 to $116.67 on June 30. It dropped 12.85% in the January-to-March quarter to $146.28, then fell 20.24% from April to June. U.S. Commercial and Government Revenue Narrow Gap Palantir reported second-quarter results on Aug. 3 after the closing bell. U.S. commercial revenue rose 149% year over year to $764 million. U.S. government revenue rose 90% to $809 million. Q2 Results and Company Forecast Total revenue rose 93% to $1.94 billion, above analyst estimates of $1.80 billio
52. The company will report third-quarter financial results on Nov. 2. S.
S. government segments were about $45 million apart in revenue, and the new report will show where they stand. Palantir has operated primarily as a defense and intelligence software vendor throughout its corporate history. Reaching a higher revenue figure in the commercial sector would signal a broader transition into a commercial software enterprise.
86 on Jan. 67 on June 30. 24% from April to June. S.
Commercial and Government Revenue Narrow Gap Palantir reported second-quarter results on Aug. 3 after the closing bell. S. commercial revenue rose 149% year over year to $764 million.
S. government revenue rose 90% to $809 million. 80 billion. Adjusted earnings were 41 cents per share, versus estimates of 35 cents.
Palantir issued guidance, which is the company’s own financial forecast. 296 billion. 158 billion. S.
424 billion, growth of at least 134%. Maven Smart System Draws Scrutiny 19 that Pentagon investigators found flawed intelligence, outdated imagery and overreliance on artificial intelligence contributed to a Feb. S. missile strike on an elementary school in Minab, Iran.
The strike killed more than 150 people, including at least 123 children. S. Central Command personnel relied on AI in Palantir’s Maven Smart System. A Palantir spokesperson said the company “is not responsible for the underlying data nor identifying intelligence deficiencies” and that there is no evidence its software was at fault.
A Pentagon spokesperson told Bloomberg the incident remains under investigation. Analyst Ratings on Palantir Stock ’s analyst consensus rating for Palantir is a buy. Of 21 analysts, 15 rate the stock a buy, five rate it a hold and one rates it a sell. 6% upside.
99 during premarket trading on Thursday, according to Pro data. Photo: Samuel Boivin / Shutterstock